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FSLY

Fastly

$53.26 /

-1.43 (-2.61%)

, CLR

Continental Resources

$36.08 /

+0.62 (+1.75%)

09:53
06/10/21
06/10
09:53
06/10/21
09:53

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Fastly (FSLY) downgraded to Perform from Outperform at Oppenheimer with analyst Timothy Horan saying outages happen to all cloud companies, and Fastly "responded rapidly and with candor," but switching costs for content delivery networks are relatively low, and customers may now look for second-source providers. 2. Continental Resources (CLR) downgraded to Sector Perform from Outperform at RBC Capital with analyst Scott Hanold attributing his rating change to the stock's strong relative performance and believes that its upside is now inline with its peers, though his increased price target reflects his updated commodity price outlook. 3. Matador (MTDR) downgraded to Neutral from Buy at MKM Partners with analyst John Gerdes saying the stock has appreciated over 50% since late March and now reflects fair value. 4. Nielsen (NLSN) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Toni Kaplan saying while she previously recommended buying Nielsen shares based on her view that the sale of Connect could unlock value, with the stock having roughly doubled since October 31, Kaplan now sees the positive catalysts as being priced in and views the risk-reward as balanced. 5. QTS Realty Trust (QTS) downgraded to Hold from Buy at Truist with analyst Greg Miller noting that he had initially expected another bidder to emerge, but after speaking with industry contacts he now believes that this Blackstone deal likely represents the best deal investors are going to see this year. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

FSLY

Fastly

$53.26 /

-1.43 (-2.61%)

CLR

Continental Resources

$36.08 /

+0.62 (+1.75%)

MTDR

Matador

$33.44 /

-0.045 (-0.13%)

NLSN

Nielsen

$26.27 /

-0.57 (-2.12%)

QTS

QTS Realty Trust

$78.20 /

-0.04 (-0.05%)

  • 21

    Jun

  • 22

    Jun

FSLY Fastly
$53.26 /

-1.43 (-2.61%)

06/10/21 Oppenheimer
Oppenheimer downgrades Fastly on increased risk following shutdown
06/10/21 Oppenheimer
Fastly downgraded to Perform from Outperform at Oppenheimer
06/08/21 Piper Sandler
Piper says Fastly's 'challenging' 2021 guidance 'more difficult' after outage
05/11/21 DA Davidson
Fastly price target lowered to $60 from $105 at DA Davidson
CLR Continental Resources
$36.08 /

+0.62 (+1.75%)

06/10/21 RBC Capital
Continental Resources downgraded to Sector Perform at RBC Capital on valuation
06/10/21 RBC Capital
Continental Resources downgraded to Sector Perform from Outperform at RBC
06/03/21
Fly Intel: Top five analyst downgrades
06/03/21 MKM Partners
Continental Resources downgraded to Neutral from Buy at MKM Partners
MTDR Matador
$33.44 /

-0.045 (-0.13%)

06/10/21 MKM Partners
Matador downgraded to Neutral at MKM Partners on valuation
06/10/21 MKM Partners
Matador downgraded to Neutral from Buy at MKM Partners
05/11/21 Northland
Matador assumed with an Outperform at Northland
03/24/21 MKM Partners
Matador upgraded to Buy at MKM Partners on valuation
NLSN Nielsen
$26.27 /

-0.57 (-2.12%)

06/10/21 Morgan Stanley
Morgan Stanley downgrades Nielsen to Equal Weight with catalysts seen priced in
06/10/21 Morgan Stanley
Nielsen downgraded to Equal Weight from Overweight at Morgan Stanley
05/26/21 Truist
Amazon's MGM deal 'a very modest negative' for Netflix/Disney, says Truist
05/21/21
Fly Intel: Top five analyst downgrades
QTS QTS Realty Trust
$78.20 /

-0.04 (-0.05%)

06/10/21 Truist
QTS Realty Trust downgraded to Hold from Buy at Truist
06/09/21 Wells Fargo
QTS Realty Trust downgraded to Equal Weight at Wells Fargo
06/09/21 Wells Fargo
QTS Realty Trust downgraded to Equal Weight from Overweight at Wells Fargo
06/08/21 BMO Capital
QTS Realty Trust downgraded to Market Perform from Outperform at BMO Capital

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